Competitive Procurement means a set of procedures for developing a procurement contract through a bidding or proposal process. The intent is to solicit fair, impartial, competitive bids.

Competitive Procurement means a procurement process followed in order to provide an equal opportunity to multiple vendors, whether by invitation or by advertisement to the public, to bid on a contract as set out in a bid call document;

Competitive Procurement means a procurement method whereby all interested suppliers may submit a bid;

Examples of Competitive Procurement in a sentence

Questions and Answers: All questions concerning this RFA must be presented to the Competitive Procurement Coordinator shown in Section IV., in writing, on or before the Deadline for Written Questions and Comments as detailed above in the Schedule of Events.
If you cannot participate, please direct your questions by the scheduled deadline as indicated above, to Melissa Painter, Competitive Procurement Coordinator, listed below in Section IV.
Questions may be faxed, emailed, mailed or hand-carried to the Competitive Procurement Coordinator.
Please refer to the Competitive Procurement table in the Company’s Data Tables for a summary and comparison of planned and actual program outsourced activities by sector.
Most procurement would involve National Competitive Procurement, Request for Quotations and a few Direct Selections.

More Definitions of Competitive Procurement

Competitive Procurement means contracting with a qualified response action contractor using one or more of the procedures specified in Rule 62-772.400 or 62-772.401, F.A.C. and consistent with Section 287.057, F.S.

Competitive Procurement means that all procurement transactions, including small purchases, must be conducted in a manner that maximizes free and open competition.

Competitive Procurement means the acquisition of Goods and/or Services through fair and open competition where multiple Contractors have been considered and evaluated prior to selection and purchase.

Competitive Procurement means a Procurement process where more than one Bidder and/or Proponent is provided the opportunity to submit a Bid or Proposal.

Competitive Procurement means a process that includes a bidding or a proposal process to provide equal opportunity to multiple vendors, intended to solicit fair and competitive bids.

Competitive Procurement means a procurement under this contract in which Seller will issue requests for proposal (hereinafter "RFP") to more than one potential subcontractor.